London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
This is what we need. This company has Uranium projects in the athabasca as well and they have signed 4 joint ventures in the last 4-6 months because of the area they are in. What is Sean waiting for. We should be doing the same and keeping everything under POW/Powmf and making power a huge company as this other company and other companies in the area are seeking to do.
If we can sign a huge JV or a couple of them; this will bring in the big investors and shoot up the share price here imo.
You only have to look online and there's lots of talk on the Athabasca from other companies
https://youtu.be/2eT-fwEixog?feature=shared
Disagree Sol001.
POW made the strategic move in 2021 buying up all the U licences for pennies in 2021 when nobody wanted them. Just like they did buying Pilot Mountain when nobody wanted strategic tungsten projects. POW spent probably £1.5mil getting Pilot Mountain. Their GMET investment today is worth £8.7mil! The POW model here is working very well. The market will catch up soon.
2024 should be the year we monetise/crystalise that strategic move in the Uranium space in my opinion. POW have probably paid £500k to date on all their U assets. Let try and crystalise some value here as part of those ongoing U asset talks announced late March 2024 via RNS and reduce the cash burn. The POW model is all about reducing risk after all.
Can POW get an outright sale? Can POW get a JV to take over them so POW get the cash free ride? Will a U deal go ahead or will it simply be back to the UEE IPO plans? Time will tell, what I personally don't want to see is POW holding a huge land grab they cant do nothing with as the U space hots up. You are talking some serious dilution at this stage in the POW business model if you want to explore all those U licences thoroughly. I hope that option is at the bottom of Sean's to-do-list!
Let's see if you are right and the sp goes up here Tray. So far though only 7 buyers and sellers here today and we are way behind gmet. I'm here to hopefully make money in the long term and so far I've been in long term and it's gone down alot. I want the Uranium to stay under pow and bring in more shareholders here and not stay around an average of 10-15 a day; but let's see what happens in the near future and if Sean is right with shareholders here holding a lottery ticket or is it all talk. It may look good on paper, but that isn't bringing in the buyers. Cash in the bank, RNS drill results etc bring in buyers
GMET have the newsflow at the moment and the average AIM punter loves that. GMET looking very solid at present and DoD funding looking a very big possibility. POW a little quiet at the minute whilst their heads are down sorting out Uranium deals, Saudi IPOs, GSAe revenue streams etc. I would imagine. POW a different kettle of fish now. They are not a licence accumulator anymore and these bigger deals take time I imagine.
But are POW actually quiet when they hold 51% of GMET? That's the model at play here. Let the spin outs have the firework moments whilst it all cost POW 0 pounds, 0 pence and 0 time! GMET doing nothing wrong at present and that's all for POW's benefit as the controlling shareholder.
That's what I hope Sean is positioning POW to do with their Uranium assets. Get someone to partially take ownership of some or all of the U assets in an initial lucrative deal for POW where POW also hold a % of those Uranium assets moving forward on a cash free ride basis. That's what was effectively planned with the UEE IPO anyways which is currently taking a backseat. Now Sean has indicated on the RNS at the end of March 2024 that a better deal is now on the table for POW holders. That deal almost certainly won't involve POW raising £5mil to explore those U assets which is the minimum amount that would be need to make a dint on those assets. That's a high risk, dreamland investing strategy which happens in many other AIM listed juniors and sorry to spoil the ending, bit it tends to end in tears 99.99% of the time. I'd sell my entire POW holding tomorrow if that was announced as the plan.
All about doing the opposite to those around you at the minute. POW acting in the total opposite fashion to their peers with this model, so I'm happy as a contrarian to also do the opposite to the average AIM punter and back POW at this "grotesquely undervalued" level as PJ put it on X a few weeks ago . Time will tell who's right.
Let me put this in simple terms. We have 0 buys so far this morning, so the sp hasn't moved. Power metal are making money from the ipos. If nobody buys or very little people buy at POW; how do the investors at pow benefit? Unless of course they use part of the money they made from the ipos for a shsre buyback. My question is to you Tray who is a long-term shareholder at POW. If nobody is buying at POW because they are buying the ipo. When does the sp rise here?
The only other way to encourage more investors to Pow is to have dividends or as I mentioned; using the money made from the ipos to have share buybacks to raise the sp to attract buyers and reward us long term investors
Couldn't care less about the short term volumes and the SP, I simply look at the business balance sheet as that's growing by the day, yet the SP isn't. The longer term investment case in POW is therefore getting stronger, yet the SP isn't moving up in proportion to the strengthening investment case. That's a stonewall buy opportunity in my books and exactly what I have been doing in the sub 15p zone for the last 12 months+ (sub 0.75p zone in old money)
Isn't the whole point of microcap investing trying to get yourself positioned in the stronger looking illiquid stocks as you make your money then when liquidity arrives. If no one wants to buy it today I'm fine with that because when people do buy into this tomorrow, I'm well positioned.
AIM in general has no liquidity at present and neither does the junior exploration sector. Many have left the marketplace due to this and they have been right to do so over the past few years. But POW have millions in investments they can tap into at their pleasure, deals being possibly worked on behind the scenes, multiple future IPOs, revenue streams via their GSAe acquisition. Soon investors will return to POW. With a £16mil market cap and £13mil+ in listed investments and pre-IPO investments, its only going to take one half decent bit of news from POW now to get their SP moving in the right direction in my opinion.
Those buying directly into the IPOs and pushing the IPO SPs up is all for POW's benefit too. Just because the POW SP doesn't shoot up, doesn't mean all their investments have disappeared either. Soon some of those POW investments will be monetised and dividends will become a reality. Its all part of the longer term business model. POW are financially sound compared to almost all of their sub £20mil market cap peers. POW will have their time in the sun soon enough, but at the moment the winds from the market are just against them.
You must be the only one that doesn't care about the sp not going up and hardly any buyers. I'm a long-term investor here. Let's hope they figure something out for people who care about the share price going up at POW. Dividends and buybacks would be a good way later down the line. Thanks for the input as always ;-)
Sol, I first bought into POW is September 2022 so while I've not been here as long as some, it's still a decent stint. I have my core, safer holdings but then a selection of small/microcap/AIM "punts", I guess looking for that magical 10x bagger but knowing that nine will likely go bust first and it'll all have been pointless!
However, I have to say that out of all my punts POW really does seem the best run and certainly most communicative company of the lot. I have (tentatively) high hopes and wouldn't be surprised to see 50p+ here over the next 12 months, maybe considerably more if the likes of GMET can hit the motherload. But even if that doesn't happen, I see it ticking up nicely over the long term. I've been building up quite a nice holding and might even try to squeeze a bit more in.
I don't care about the SP in short term anymore because I'm well positioned in POW and as long as the business keeps building the balance sheet as they are doing, opening up revenue streams, trying to sign big deal etc. then the market will come to me as a long term investor.
My focus is therefore on the balance sheet and business deals, not the SP and daily volume. Those looking at the POW SP in 2020/21 bought in solely because the "SP was going up" ... they didn't look at the fundamentals that they were buying a £30mil valued company which had £2mil on its balance sheet and low and behold they all got stung.
POW soon to have £30mil, £40mil, £50mil on its balance sheet. The market will almost certainly come to POW then and if the market gives POW another fair wind, who knows where the market valuation could be. £100mil market cap is my personal target in the medium/long term. Things are quiet at the moment, and unless things are noisy, then nobody gives a hoot on AIM. I think things will shortly get a lot louder in POW and it will be backed up by a solid financial fundamentals too with their growing balance sheet and not just on some dreamland hype from a drilling campaign like most junior exploration plays out there.
Got to have the solid balance sheet if you want dividends, buybacks etc. That's certainly the plan here and if the market cannot see it yet, then I'm willing to take a punt from these critically undervalued prices in my view. We all won't agree and that's the beauty of investing and nothing is anywhere near a certainty in this sector, but as soon as a few more agree with my logic here (and I think they will soon enough!), I make a lot more money than they do entering POW later down the line!
Doc I hope your right and it does reach 50p+ here at pow stock. As you know, we all thought the sp would double/triple from all the positive talks from PJ on molopo farms and look what happened there. I've a huge loss at the moment from believing in PJ. Let's hope Tray is right and Sean does what he says he will. It's all great power is making lots of cash, but at the moment it doesn't show that way in the SP.
Let's see if you're correct Tray in the long-term and I'll be the first to say well done 👏